Yuma Appoints TradeBlock Founders to Lead Decentralized AI Expansion

  • Yuma, a subsidiary of Digital Currency Group (DCG), appointed Greg Schvey as Chief Operating Officer and Jeff Schvey as Chief Technology Officer.
  • The appointments aim to expand Yuma's operations across the Bittensor network, including validator, mining, and subnet accelerator initiatives.
  • Yuma plans to launch an asset management division, marking its growth in decentralized AI.
  • The Schvey brothers co-founded TradeBlock and Axoni, both having significant impact in crypto data management and blockchain infrastructure.
  • Axoni’s largest business unit was acquired by the London Stock Exchange Group in 2024.
  • This year, Yuma onboarded eight institutional validator partners, including companies like BitGo, Copper, and Crypto.com.
  • The addition of the Schvey brothers is expected to bolster Yuma’s infrastructure and increase institutional participation.